Blockchain Design for Logistics & Supply Chain Management in Developing Regions
Neeraj Nautiyal1, Sandeep Bisht2, Bhavesh Joshi3, Harshit Pandey4, Narendra Bisht5

1Neeraj Nautiyal, Associate Professor and Head of School of Management in Graphic Era Hill University, Bhimtal.
2Mr. Sandeep Bisht, Assistant Professor at Graphic Era Hill University, Bhimtal.
3Mr. Bhavesh Joshi, Assistant Professor in Graphic Era Hill University, Bhimtal.
4Mr. Harshit Pandey, Assistant Professor in Graphic Era Hill University, Bhimtal
5Mr. Narendra Bisht, Assistant professor in Graphic Era Hill University, Bhimtal.
Manuscript received on February 10, 2020. | Revised Manuscript received on February 20, 2020. | Manuscript published on March 30, 2020. | PP: 1711-1716 | Volume-8 Issue-6, March 2020. | Retrieval Number: F7797038620 /2020©BEIESP | DOI: 10.35940/ijrte.F7797.038620

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Abstract: Blockchain led technology is unlocking value to business by boosting supply chain authenticity and expediting the entire operational process for a large rally of projects that are underway in selective industries. The current paper attempt to observe a reality check on the different useful application of blockchain technology over various sectors to reshape the economy in general and over the supply chain and logistics system in particular. The study also validates the enthusiasm of blockchain’s potential i.e., claim for revolutionising business and society over the virtual effect it is creating in the challenging environment of developing regions. Supply chain and entire logistic domain have evolved to be an active participant to took up and adapt to blockchain innovation. The current study adds to the existing literature by driving the subject matter from different studies results concerning blockchain technology along with author own outlook. An observation approach to reflect critics, supporters towards the adoption of technology led by blockchain also developed the foundation of the work.
Keywords: Blockchain, Logistics & Supply Chain, Developing Country, Transparency, Security.
Scope of the Article: Blockchain-enabled IoT Device and Data Security and Privacy.